DSP Corporate Bond Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Corporate Bond Fund category.

The NAV for DSP Corporate Bond Fund Fund is 14.613 as of 24 May 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 4.52% annualized return for the last 3 years.

DSP Corporate Bond Fund has 1 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Moderate risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of DSP Corporate Bond Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

39,236

3,236

5.67%

Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

  • As of 31 Jan 2024, fund size of DSP Corporate Bond Fund is 2,586.51 Cr.

  • DSP Corporate Bond Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.55%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • DSP Corporate Bond Fund is an Debt oriented mutual fund in the - Corporate Bond Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for DSP Corporate Bond Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 05 Sep 2018 as at present it is 6 years old fund.

  • Name of the AMC is DSP Mutual Fund. Click here to know more about DSP Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. DSP Corporate Bond Fund managed by following fund manager(s);

How does the Return Comparison of the DSP Corporate Bond Fund fare against peer funds in the Corporate Bond fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by DSP Corporate Bond Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Corporate Bond fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.43% 1.09% 5.85% 5.85% 7.70% 5.49% 5.70% 7.68% 8.25%
Category Average 0.33% 0.87% 4.70% 4.80% 6.53% 4.46% 4.87% 6.98% 7.78%
DSP Corporate Bond Fund 0.18% 0.74% 1.79% 3.88% 6.28% 6.56% 4.52% 6.11% -
ICICI Prudential Corporate Bond Fund 0.23% 0.81% 2.03% 4.01% 7.49% 7.36% 5.95% 7.12% 7.62%
Aditya Birla Sun Life Corporate Bond Fund 0.29% 0.96% 1.97% 4.28% 7.39% 7.22% 5.73% 7.24% 7.90%
Sundaram Corporate Bond Fund 0.24% 0.88% 1.83% 3.99% 6.59% 6.25% 5.02% 6.83% 7.83%
Axis Corporate Debt Fund 0.24% 0.85% 1.84% 4.00% 6.70% 6.66% 5.28% 6.14% -
Kotak Corporate Bond Fund 0.26% 0.89% 1.96% 4.16% 6.99% 6.71% 5.45% 6.54% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of DSP Corporate Bond Fund are shown below;

Equity -

Debt 99.39%

Others 0.61%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 31719 GOI 20JU27 7.38 FV RS 100 14.18%
INDIAN OIL CORPORATION LIMITED SR XXI 6.14 LOA 18FB27 FVRS10LAC 6.90%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SERIES MIF 1A 6.57 LOA 01JU27 FVRS10LAC 5.07%
LIC HOUSING FINANCE LIMITED TR 419 OPT II 6.65 LOA 15FB27 FVRS10LAC 4.99%
BAJAJ HOUSING FINANCE LIMITED 7.78 NCD 26MY26 FVRS10LAC 4.05%
Others 64.81%

Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 16.51%
DEBENTURE 37.35%
BOND 37.64%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Moderate risk